A slow sensitisation drive is affecting uptake of agricultural insurance in Uganda, the Agro Consortium has revealed.
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Eighty-four percent of loans in the banking sector have been uploaded to the Reserve Bank of Zimbabwe's credit registry, which went live recently.
Three weeks after its issue, Nigeria’s first Diaspora Bond today started trading on the London Stock Exchange (LSE).
Uganda will in September host a group of international experts to try and convince them that the country's financial system is well-regulated enough to combat money laundering and terrorism financing.
The Agricultural Development Bank of Zimbabwe (Agribank) says it is offering horticulture farmers working capital as well as loans to acquire assets.
The Bank of Tanzania (BoT) has instituted new measures to curb operations of bureaux de change as a move regarded by some analysts as part of the government's crackdown on grand corruption and money laundering.
Ethiopia Commodity Exchange (ECX) has extended its efforts to create modern and reliable payment system.
The Bank of Ghana (BoG) must create a tier system that can cater for the needs of the country's banking sector. This would ensure that the gains of capitalization are fully harnessed.
Agency Banking is one of the new provisions of the Financial Institutions (Amendment) Act 2016 and will be a key driver of increasing financial inclusion in Uganda.
Infrastructure projects' financing by corporates in the country would soon receive added boost as Rand Merchant Bank (RMB) Nigeria got approval from FMDQ OTC Securities Exchange to register its N80 billion Commercial Paper (CP) Programme on the FMDQ platform.
The Nigerian Council of Registered Insurance Brokers (NCRIB), has been charged to evolve strategies that will enhance policy consistency and sustainability in the insurance sub sector of the economy.